Black Jack Analogy to Explain Financial Crisis
A World Famous Cenk Uygur Superfluous Analogy. Watch more at www.theyoungturks.com.
A World Famous Cenk Uygur Superfluous Analogy. Watch more at www.theyoungturks.com.
Professor Michel Chossudovsky delivering a public lecture at Montreal, January 14 2009; a lecture entitled “The Global Financial Crisis: The Great Depression of the 21st Century”. www.globalresearch.ca Copyright (c) 2009 Pierre Girard, for the Centre for Research & Globalization.
Was the lack of regulation on financial derivatives the main cause of our economic collapse? Or was it the easy money that Fanny Mae and Freddie Mac were giving out for home mortgages like there was no tomorrow? I would say that it was both, but there were other factors involved as well. The way I see it is that there was overregulation on one hand, Fanny and Freddie, while on the other hand there was under regulation when it came to these derivatives. I believe that this economic crisis we …
Calculation of the probability that call option on the stock will expire into money. We assume that return on the stock follows Geometric Brownian motion (GMB). I recommend: 1. Neil Chriss, Black-Scholes and Beyond 2. John Hull, Options, Futures, and Other Derivatives 3. youtube.com
Watch my (recorded) SHOW ! www.livestream.com [Click on Video ON-Demand for my 1st Live Show] Add me as a friend on Facebook! www.facebook.com Get DAILY GrowBy10 Updates on Twitter! twitter.com A report that Chinese state-owned companies will be allowed to walk away from loss-making commodity derivative trades provoked anger and dismay among investment bankers on Monday as they feared it may set a damaging precedent. The State-owned Assets Supervision and Administration Commission, the …
Don’t believe the lying news media when they claim that nobody could foresee this financial crisis! American economist Lyndon LaRouche is THE ONLY ONE who has been correctly forecasting this breakdown crisis, and he did it long before the crisis was obvious to everyone. Here is a sample of what LaRouche said in 1976, 1988, 1998, 2004, 2005, 2006, 2007, and 2008. So, if you want mankind to get out of this mess, you’d better listen to the wise words of the man who knows what he is talking …